The Food Startups Podcast

Charlie Guo started his first company at Stanford, left it, and did the famed YCombinator in Silicon Valley. While the startup fizzled out, Charlie learned a lot of lessons along the way.

He made some friends. Charlie interviewed startup founders from companies including DoorDash, ZeroCater, and Zenefits, and turned it into the book Unscalable. The founders share the behind-the-scenes "dirty work" to success. Working 20 hour days, managing 100's of orders in a simple excel spreadsheet, etc.. whatever it takes.

"These interviews pull back the veil on a much more eclectic mix of strategies and experiments, revealing the longer and less predictable road to success in Silicon Valley."

The book will be released January 19th, 2016 (Pre-order now: I read an advanced copy and it is phenomenal). We discuss:

  • Why Charlie decided to write the book
  • Behind the scenes at YCombinator
  • Develop an unscalable mindset in startup mode
  • "The costs of starting these businesses is plummeting, but the costs of building these businesses is skyrocketing."
  • The luck factor
  • How to deal with fast growth
  • Mythology of brilliant leadership and “overnight” success stories
  • Bootstrapping vs VC
  • Establishing a monopoly

Selected Links from The Episode:
Unscalable The Book
Unscalable - Amazon!
Charlie on Twitter
How I Crashed and Burned at YCombinator
ClassOwl
DoorDash
ZeroCater
Zenefits
Github
Tilt
Flight Car (Note from Matt: I remember reading about this a few years ago and was so excited. I forgot about it, but am looking to using it in 2016!)
When Startups Fail: 99 Dresses

More about Charlie Guo

Charlie Guo based in the San Francisco Bay Area, in the heart of the world he portrays. A software engineer by trade, he has also founded two companies. While getting his undergraduate degree at Stanford, he founded the education-tech company ClassOwl.

ClassOwl partners with Stanford and other schools to improve student-teacher communication and productivity, and in startup-storybook fashion it was sold by Guo’s cofounders in 2015 to Branch Metrics. After graduation, he launched a second company, FanHero, which was accepted into Y Combinator, a prestigious startup accelerator program based in Silicon Valley.

His own experiences working to make his ideas fly exposed him to the inner workings of the startup culture and inspired him to reach out to a fascinating mix of tech founders to share their experiences.

 

 

Direct download: UNSCALABLE_Done.mp3
Category:general -- posted at: 6:57am CDT

Martin Mignot is a Venture Capitalist @ IndexVentures. A large VC firm out of London, their investments include DropBox and Skype, tools we use to make the Food Startups Podcast.

Martin is actively looking after Index's investments in Algolia, Blablacar, Capitaine Train,Drivy, Rad, Swiftkey, TheFamily and Deliveroo: an on-demand food delivery startup who just raised 100 million. The food delivery space is hot: over 1,000,000,000 USD was invested in 2014 alone.

We talk about his theses and predictions for the exploding sector from his article: The Billion Dollar Food Delivery Wars (TechCrunch). Make sure to check it out before listening.

Note: We had a few sound quality issues on the episode. But for the insights from Martin, it was worth editing it the best we could and putting it live! Martin and I discuss:

  • Software vs On-Demand vs Meal-Delivery Startups
  • Uber's effect on food delivery logistics
  • What makes a great VC
  • Defining "fast food 2.0"
  • Why "managed marketplaces are the superior model for consumers."
  • Opportunities for chefs to join an on-demand network
  • Prediction: “virtual” restaurant chains
  • Robots and drones

Selected links from the episode:

Index Ventures
Martin Mignot Bio
The Billion Dollar Food Delivery Wars
The Billion Dollar Food Delivery Wars (Rebuttle)
Deliveroo Raises 100 Million as Food Delivery Service Expands
Door Dash
Just-Eat
grubHub
Unvalidated Learnings (Martin's blog)
Birchbox
RSP.FM
The Food Assembly

Direct download: EP74.mp3
Category:general -- posted at: 10:16am CDT

In 1962, Frieda Caplan introduced an exotic fruit to the United States, which she named the Kiwi. Fast forward to 2013, 62 million pounds of kiwi were sold! In the 50+ years since, Frieda's has played a part in introducing more than 200 specialty fruits and vegetables.

A documentary about the company, Fear No Fruit, was recently released telling their amazing story. I speak with her daughter, Karen Caplan, who has been the CEO since 1986. Tons to learn here:

  • How the documentary came about
  • Karen's tips on how to introduce a new product to the U.S. Market
  • On the California drought and resilience
  • How to separate family from business
  • Why farmers are trending away from grocery stores.
  • On effective management and creating a culture
  • "Specialty isn't a big % of business at a grocery store, but perception of the consumer " sets the tone and energy for the store!!”

Selected links from the show:
Friedas
Fear No Fruit
About Karen Caplan
United Fresh Produce Association
Purple Kiwi Cookbook by Karen Caplan
Documentary asks consumers to 'Fear No Fruit'
The Fancy Foods Show
The Rational Optimist
Watch Fear No Fruit on United, Qatar, and Emirates Airlines
The Life-Changing Magic of Tidying Up

 

Direct download: Episode_73_Done.mp3
Category:general -- posted at: 4:16pm CDT

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